North America Molecular Diagnostics Market Factors, Trends, Segmentation and Forecast to 2030


 The North America Molecular Diagnostics Market is expected to grow from US$ 8,056.48 million in 2022 to US$ 20,740.38 million by 2030. It is estimated to grow at a CAGR of 12.5% from 2022 to 2030.     

Growth in New Product Development and Rising Demand for Point-of-Care Testing Drives the North America Molecular Diagnostics Market

Point-of-care (POC) testing is a dynamic and rapidly expanding area of medical diagnostics, offering fast and accurate results with a wide range of clinical applications. These solutions support evaluations across multiple areas, including blood glucose monitoring and viscoelastic coagulation analysis. By eliminating delays associated with transporting and preparing clinical samples, point-of-care tests allow healthcare professionals to make quicker, more informed decisions regarding further testing or treatment. As a result, these solutions are gaining significant traction among both patients and healthcare providers.

Point-of-care testing is extensively applied across diagnostics, therapeutics, and patient monitoring, and its demand is growing in parallel with the broader trend toward home-based healthcare. The COVID-19 pandemic further highlighted the value of these tools, enabling patients to test from the safety of their homes while minimizing exposure risks. This growing preference for convenient and rapid testing solutions has become a key driver of growth in the North America Molecular Diagnostics Market.

Overview of the North America Molecular Diagnostics Market

The North America molecular diagnostics market is segmented into the US, Canada, and Mexico. Market growth in the region is driven by increasing adoption of cutting-edge technologies, heightened research and development efforts, a strong presence of major healthcare companies, and the expanding use of molecular diagnostics across various healthcare settings. In 2022, the US accounted for the largest market share in the region.

North America Molecular Diagnostics Market Segmentation

North America Molecular Diagnostics Market By Disease Area:
The market is segmented into infectious diseases, oncology, genetic testing, cardiac diseases, immune system disorders, and others. Among these, the infectious diseases segment held the largest market share in 2022.

North America Molecular Diagnostics Market By Technology:
Key technologies include polymerase chain reaction (PCR), in situ hybridization, isothermal nucleic acid amplification technology (INAAT), DNA sequencing and next-generation sequencing (NGS), DNA microarrays, and others. PCR technology led the market in 2022 and is further categorized into RT-PCR, qPCR, multiplex PCR, and others.

North America Molecular Diagnostics Market By Product and Services:
This segment includes assays and kits, instruments, and services and software. Assays and kits represented the largest share of the market in 2022 due to their critical role in diagnostics.

North America Molecular Diagnostics Market By End User:
The market is divided into diagnostic laboratories, hospitals and clinics, research and academic institutes, and others. Diagnostic laboratories were the largest end-user segment in 2022, reflecting their key role in conducting molecular tests.

North America Molecular Diagnostics Market By Country:
Within North America, the US was the dominant market in 2022, followed by Canada and Mexico.

Key Players in the Market

Major companies driving innovation and competition in the North America molecular diagnostics market include:

  • Abbott Laboratories
  • Agilent Technologies Inc.
  • Thermo Fisher Scientific Inc.
  • F. Hoffmann-La Roche Ltd
  • Qiagen NV
  • bioMérieux SA
  • Illumina Inc.
  • Danaher Corporation
  • Siemens Healthineers AG
  • Novartis AG
  • TBG Diagnostics Limited

These companies continue to play a vital role in shaping the future of molecular diagnostics through strategic product development and technological advancements.

Other Report:

Permanent Magnet Market: https://postyourarticle.com/permanent-magnet-market-forecast-size-competitive-analysis-till-2031/ 

Graphite Market: https://penzu.com/p/790bef769aeb9c17 

North America Electronic Health Record (EHR) Market: https://sites.google.com/view/electronic-health-record-n/home 

North America Stevia Market: https://business-news-insights.blogspot.com/2025/04/north-america-stevia-market-roles-and.html 

About Us:

Business Market Insights is a market research platform that provides subscription service for industry and company reports. Our research team has extensive professional expertise in domains such as Electronics & Semiconductor; Aerospace & Defense; Automotive & Transportation; Energy & Power; Healthcare; Manufacturing & Construction; Food & Beverages; Chemicals & Materials; and Technology, Media, & Telecommunications.

Author’s Bio:

Suryakant Gadekar

Senior Market Research Expert at Business Market Insights

Comments

Post a Comment

Popular posts from this blog

North America Small Satellite Market Trends, Opportunity and Forecast 2022 to 2028

Image
The  North America Small Satellite Market  is expected to grow from US$ 1,325.42 million in 2022 to US$ 4,976.36 million by 2028; it is estimated to grow at a CAGR of 24.7% from 2022 to 2028. Growing Support for Small Satellite Development Governments and companies across North America are increasingly investing in the small satellite market to meet the growing demand for applications such as Earth observation, communication, navigation, and scientific research. In November 2021, Fleet Space Technologies secured $26 million in funding to expand its nanosatellite IoT connectivity fleet. Such investments from both public and private sectors are fueling market growth. Small satellites play a crucial role in enhancing national security, monitoring disaster-affected areas, tracking suspicious maritime activities, and supporting communication and scientific research. To further boost the industry, governments are promoting initiatives for rapid construction and domestic production o...
Read more

North America Small Satellite Market Current Status by 2028 Top Players

Image
The  North America small satellite market  is expected to grow from US$ 1,325.42 million in 2022 to US$ 4,976.36 million by 2028; it is estimated to grow at a CAGR of 24.7% from 2022 to 2028. Rising Support for Small Satellite Development In North America, both government entities and private companies are increasingly investing in the small satellite market, driven by growing demand across diverse applications such as Earth observation, communications, navigation, and scientific research. For example, in November 2021, Fleet Space Technologies secured US$26 million in funding to enhance its nanosatellite IoT connectivity network. Such initiatives reflect the strong governmental and private sector backing that is fueling the North America small satellite market growth. Small satellites play a critical role in national security, disaster response (e.g., monitoring earthquake or flood-affected regions), maritime surveillance, and support for communication, navigation, and resear...
Read more

Europe Bathroom Vanities Market Key Players Analysis, Forecast 2028

Image
The  Europe Bathroom Vanities Market  is expected to grow from US$ 14,065.11 million in 2021 to US$ 17,057.14 million by 2028. It is estimated to surge at a CAGR of 2.8% from 2021 to 2028. Growth of Online Retailing in Europe Bathroom Vanities Market The rise of online retailing is significantly driving the expansion of the Europe Bathroom Vanities Market. Consumers are increasingly shifting from traditional purchasing methods to virtual shopping due to the convenience it offers and its broader reach. Advancements in telecommunication infrastructure have made the Internet more accessible, enabling a growing number of users to explore and purchase bathroom vanities online. Online shopping platforms provide consumers with a wide selection of products, complete with detailed specifications and price comparisons. The seamless, end-to-end buying process eliminates the need for physical effort or travel, saving time while enhancing the shopping experience. This shift toward digital ...
Read more